Saudi Arabia is making big moves in clean energy. With a $5.3 billion investment into 10 green energy projects delivering over 6,500 megawatts by the end of 2024, the country is pushing hard toward a sustainable future.
And if you’re a global investor looking to be part of that future, there’s one key requirement: a MISA license.
What is a MISA License and Why Does It Matter?
To do business in Saudi Arabia, especially in key sectors like renewable energy, international companies need a license from MISA (the Ministry of Investment of Saudi Arabia).
With a MISA license, you can:
- Own and operate your business with 100% foreign ownership
- Bid on government-backed energy projects through REPDO (the Renewable Energy Project Development Office)
- Access tax breaks, land, and other government incentives
- Get faster project approvals and smoother regulatory processing
Why Foreign Companies Must Act Now
To bid on REPDO tenders and participate in the Kingdom’s energy transition, foreign companies must have a MISA license and often need additional approvals from the Ministry of Energy. This dual-license system ensures compliance with Saudi Arabia’s strict financial, technical, and environmental criteria. And the benefits are substantial:
- Low Levelized Cost of Electricity (LCOE) through land grants and subsidies
- Faster permitting and regulatory processing
- Priority access to national projects like Al Shuaiba 1 (3.9 halala/kWh)
How MISA Aligns With Vision 2030
MISA plays a key role in helping Saudi Arabia hit its renewable energy targets. By making it easier for foreign investors to enter the market, MISA ensures:
- Legal security for foreign investors
- Investment flows into priority sectors like green hydrogen, wind, and solar
- Technology transfer and local job creation, fueling long-term national growth
MISA’s Strategic Role
Function | Description |
Licensing | Grants foreign investors legal access to the Saudi market |
Tender Access | Enables REPDO bid participation for renewable projects |
Incentive Access | Unlocks tax breaks, land, and financing support |
Regulatory Oversight | Ensures compliance with energy and investment authorities |
Vision 2030 Alignment | Supports clean energy, tech transfer, and job creation |
Saudi Arabia is opening up incredible opportunities in renewable energy — but only to companies ready to take the next step.
Getting a MISA license is the first move. And we’re here to help make it happen.
Let’s talk about your investment goals in Saudi Arabia.
We will walk you through the MISA process and help position your business for long-term success in the Kingdom’s green energy sector.
